Posted on 07/23/2025 12:02:20 PM PDT by Steven Scharf
Dow Jones Industrial Average Watchlist
Last Updated: Jul 23, 2025 at 2:54 p.m. EDT 44,978.35 475.91 1.07%
(Excerpt) Read more at marketwatch.com ...
Any good eco news comming to boost the market?
44,970 as i type this
44,980
I thought it was up because Obozo has been criminally referred...lol
the market hates uncertainty. Every time a piece resolves itself there is less uncertainty. The countries that really matter are below, from MarketWatch. Japan was big, market celebrating.
Trading partner Trade deal? U.S. tariff level in deal Tariff level threatened in early July Tariff level threatened in early April
Japan Yes 15% 25% 24%
U.K. Yes 10% N/A 10%
Vietnam Yes 20% N/A 46%
Indonesia Yes 19% 32% 32%
Philippines Yes 19% 20% 17%
China Preliminary 30% N/A 145%
E.U. No N/A 30% 20%
Canada No N/A 35%, but with USMCA exemption N/A
Mexico No N/A 30%, but with USMCA exemption N/A
South Korea No N/A 25% 25%
Taiwan No N/A N/A 32%
India No N/A N/A 26%
Thailand No N/A 36% 36%
Brazil No N/A 50% 10%
Malaysia No N/A 25% 24%
Cambodia No N/A 36% 49%
Terry Haines, an analyst and founder of the forecasting firm Pangaea Policy, said the Japan deal and other recent agreements are a clear plus for markets
“The fact of the deals is vastly more important today than details,” Haines said in a Wednesday note. The latest agreement and future pacts “narrow bands of uncertainty around trade and tariffs and therefore create more markets certainty,” and the deals “create momentum in markets anticipating even more deals and even more certainty.”
Related: Rally in European auto stocks moves up a gear on hopes for a tariff deal
Tobin Marcus, head of policy and politics at Wolfe Research, said Japan’s new tariff rate of 15% could end up being the level faced by most U.S. trading partners, up from a prior baseline of 10%.
“The 15% rate in the Japan deal looks roughly like a new global tariff floor, especially with the administration characterizing it as a reward for major concessions from the Japanese side
unexpectedly.
Trumps fault.
Any good eco news coming to boost the market?
Yes but CNN and MSNBC will have their 6:00pm inflation report gloom doom and misery on us.
The Philippines deal has more to it. They are letting us expand our military presence, a win for us and them, a loss China.
As you look at the complete deals, you can see where they end up. The market is getting more predictive ability with each deal.
Just barely made it. 45,010.66
You beat me to it.
Dow Jones Industrial Average
Last Updated: Jul 23, 2025 at 4:01 p.m. EDT
45,010.29 507.85
Closed at it’s high point.
45,010.29 as of 603 pm est.
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